Deemed the single greatest anti-poverty program in the United States, the earned income tax credit can pay working families up to $7,430 in 2024 (for 2023 returns). Learn about how it works, how to claim it, and if you're eligibile.

#tax #taxes #earnedincome #eitc #earnedincomecredit

https://www.msn.com/en-us/money/taxes/grab-up-to-7-430-with-this-tax-break-for-workers-20-miss-it/ss-BB1h84YC?cvid=f8816de2361f4266cf8883b8736b2e2b&ei=12&ocid=socialshare

We've had a great response to our latest report launched exclusively with The Guardian.

It explains how the government could more fairly tax earned and unearned income:

https://www.if.org.uk/research-posts/play-fair-equalising-the-taxation-of-earned-and-unearned-income/

The current UK tax regime strongly favours unearned income over earned income. This has led to a tax system that is unfair and inefficient.

#taxation #taxpolicy #income #youngpeople #intergenerationalfairness #fairtaxation #earnedincome #unearnedincome #cgt #rentalincome